Search
Three-Unit Multifamily Property
For Sale
$254,900

3477 Berea Rd, Cleveland, OH 44111

Legal triplex with two two-bedroom units and a one-bedroom third-floor apartment.

Property Size2,994 SF
Price / SF$85.14
Days on Market15

Property Features for 3477 Berea Rd

General Information

Standard status Active
Size 2,994 SF
Property subtype Residential Income

Units

Unit Mix 2 x 2BR, 1 x 1BR
Multifamily Units 3

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $4,133
Listing Agency: Home Equity Realty Group
Listed By: Kim Lewis · License #2017004453
Source: Exprealty
Added: Aug 7 Changed: Aug 20 Last Checked: Aug 20 at 1:43PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Home Equity Realty Group

Investment Insights

Based on property information with market context.

Located at 3477 Berea Rd in Cleveland, this legally zoned triplex contains 2,994 square feet across three residential units. The layout includes two 2-bedroom apartments and a 1-bedroom unit on the third floor. The two main units may be converted to 3-bedroom layouts, subject to applicable requirements and approvals.

Property improvements include two furnaces installed in 2016, water heaters dating to 2013, 2015, and 2022, vinyl windows, vinyl siding, and a roof approximately 10 years old. The property is positioned near shopping, schools, public transportation, and major roadways. Professional management resources are available for remote investors, including leasing coordination, tenant communication, maintenance, and repair support.

Key Highlights

  • Legally zoned triplex with 2,994 SF
  • Two 2‑bedroom units plus one 1‑bedroom third‑floor unit
  • Two main units may convert to 3‑bedroom layouts

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Accounting Firm Skin Care Clinic Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

636
Businesses Nearby

Demographics for 44111, OH

41,045
Population
19,041
Households
2.2
Avg Household Size
38
Median Age
25%
College-Educated
85%
High-School Grad
6.5 sq mi
ZIP Area
6,315
Density / Sq Mi
$54,790
Median Household Income
$38,151
Median Earnings
$938
Median Rent
$130,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Triplex - Legal triplex with two two-bedroom units and a one-bedroom third-floor apartment.
Where is this triplex located?
The property is located at 3477 Berea Rd Cleveland, OH.
What is the asking price?
The asking price for this property is $254,900.
What are key features of this property?
This property features: Legally zoned triplex with 2,994 SF; Two 2‑bedroom units plus one 1‑bedroom third‑floor unit; Two main units may convert to 3‑bedroom layouts
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message